Jaffer Business Systems has introduced their mobile application “Hysab Kytab” for the first time, aimed at making the lives of… Read More
Decision Regarding KASB Bank Taken on Legally Sound Grounds Despite AGP’s Observations: SBP
The State Bank of Pakistan (SBP) restated that the decision concerning defunct KASB Bank has been taken on merit and… Read More
HBL Debit Cards Won’t Work Internationally by Default Anymore
Habib Bank Limited (HBL) has started issuing debit cards that customers will able to use in Pakistan only. The new… Read More
Dubai Islamic Bank & Shahid Afridi Foundation Partner to Empower Underprivileged Communities in Pakistan
Dubai Islamic Bank Pakistan (DIB) and Shahid Afridi Foundation (SAF) join hands to work towards empowering underprivileged communities across Pakistan.… Read More
These Are the Highest Paid Bank CEOs in Pakistan
Top commercial banks’ Chief Executive Officers made a lot of money in 2017 despite banks’ dropping share prices.… Read More
Supreme Court Halts Sindh Bank’s Merger With Summit Bank
The merger of Summit and Sindh Bank has come to halt after Chief Justice Supreme Court took a suo moto notice… Read More
Bank Islami and KASB Bank Merger Cost Rs. 3.5 Billion Loss to Pakistan: AGP Report
Auditor General of Pakistan (AGP) office has once again raised concerns about the shady deal between Bank Islami and KASB… Read More
Ant Financial’s Entry Will Change the Way Payments Are Made in Pakistan: CEO Telenor Bank
After the recently announced $184.5 million investment in Telenor Bank, Ant Financial — the group behind AliPay and an affiliate of AliBaba… Read More
Askari Bank To Raise Rs. 6 billion By TFC
Askari Bank Limited has opted to raise an amount of Rs. 6 billion through the issuance of Tier 1 Term… Read More
SBP Keeps Policy Rate Unchanged at 6%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain policy rate at 6.0… Read More
Soneri Bank to Raise Rs. 4 Billion in Additional Tier 1 Capital
Soneri Bank is going to raise Rs. 4 billion Additional Tier 1 Capital, as redeemable capital, for meeting Basel III… Read More
Bank Accounts Likely To Reach the 50 Million Mark in 2018
Pakistan’s banking industry is likely to reach the 50 million bank account milestone this year with as public’s demand financial… Read More
